Foreign Property News | Posted by Hnin Ei Khin
A couple who sold their apartment and most of their belongings to embark on a three-year cruise around the world now fear they will be left homeless - after the voyage was canceled last minute. Kara and Joe Youssef, from Ohio, were ecstatic when they heard about Miray Cruises' Life at Sea trip - which was scheduled to leave on November 1 and spend 1,095 days at sea, stopping at 382 ports across the globe. They decided to give up both of their homes and spent almost all of their 'life savings' on a ticket - only to be told it wasn't happening just days before it was set to depart. Now, the couple is still waiting on their $80,000 refund - and are stuck residing in a hotel in Istanbul,...
Foreign Property News | Posted by Shwe Zin Win
Known only as ‘M’, Bond’s boss is one of the more enigmatic characters to appear in the 007 film series and for the first time ever, one of his most stately addresses is up for grabs. (Denham Place, Buckinghamshire | Image: Savills) Denham Place, a historic UK estate that played host to M across the classic Bond films The Man with the Golden Gun and Live and Let Die has officially gone on the market for a whopping £75 million (AUD$139.67 million). Originally constructed in 1688, the Grand Grade I Listed manor house is spread across more than 28,000 square feet and boasts interiors in the style of a classical palace, which is...
Foreign Property News | Posted by Aye Myat Thu
In another big ticket property purchase involving a Bollywood personality, actor John Abraham has sealed a deal to buy a bungalow on Linking Road, Khar. The cost: Rs 75 crore. The property, 372 Nirmal Bhavan, is a ground-plus-two storey structure which belonged to Pravin Nathalal Shah and family. According to IndexTap.com, the deal with the actor was signed on December 27 for an agreement value ofRs 70.8 crore. An additional Rs 4.25 crore was paid as stamp duty. The land area is 7,722 sq ft while the bungalow's area is 5,416 sq ft. It is not known what Abraham plans to do with the property. Property market sources said the plot is located in a prime area of Linking Road...
Foreign Property News | Posted by Si Thu Aung
Rapper and designer Kanye West, now going by Ye, is ditching his Tadao Ando-designed Malibu masterpiece for $78.2m (US$53m) — a few years after splurging $84.5m (US$57.25m on the coastal crib. Insiders tell The Post that a concoction of factors, including the artist’s shaky finances, played a key role in his decision to unload this unique oceanfront abode, even at a loss. The music mogul acquired the beachfront property back in 2021 and embarked on an ambitious renovation project that remains incomplete. Jason Oppenheim, of the Oppenheim Group and “Selling Sunset,” stated that the roughly 372 sqm dwelling is in dire need of windows, doors, plumbing, electrical...
Foreign Property News | Posted by Zarni Kyaw
A royal chair created for the boudoir of Marie Antoinette achieved €2.6 million (US$2.8 million) Thursday evening at Sotheby’s in Paris, setting a record for a single 18th-century chair. The sale was the first in a series of four physical and online auctions being held this month featuring the collection of the late Hubert Guerrand-Hermès, a fifth-generation descendant of Thierry Hermès, founder of the French luxury house. “Tonight’s sale was a celebration of prestigious provenance, as the undeniable response to Hubert Guerrand-Hermès’ eye for collecting showcased the continued demand for the most elevated world of refinement,” Mario...
Foreign Property News | Posted by Aye Myat Thu
UThant Island, officially known as Belmont Island, is a miniature spit of land that sits between New York’s Manhattan and Queens. It was heaved into existence when a piano manufacturer began construction on a tunnel beneath the East River, dumping the resulting materials until a half-acre island emerged from the water. The tunnel project was started by piano maker William Steinway in the 1890s and completed by August Belmont Junior, explains Atlas Obscura, which is why the resulting landfill became officially known as Belmont Island when it was finished in the early 1900s. However, come 1977, it was rented and renamed by the Buddhist group the "Peace Meditation At The United...
Foreign Property News | Posted by Hnin Ei Khin
According to a well-placed source, Downtown Cleveland’s third-tallest skyscraper is under a purchase agreement from a New York City-based buyer. The 45-story Huntington Building, also known as 200 Public Square, has seen its share of challenges since the pandemic and the rise of remote working nearly four years ago as other office properties have. That is one reason why the building has reportedly sold for a vastly discounted rate. The source, who spoke on the condition of anonymity, said that the agreed-upon sale price for the 1.26-million-square-foot tower was approximately $65 million, or just $52 per square foot. For comparison, the source said the last time the...
Foreign Property News | Posted by Shwe Zin Win
A huge new project to build the world's biggest airport is underway in a city British tourists love, costing a whopping £2.1billion. As Dubai International Airport (DXB) approaches its maximum capacity, the UAE is in the process of formulating plans for its successor, set to be constructed on the outskirts of the city and anticipated to commence operations in the 2030s. The planned new airport for Dubai essentially already exists in the form of Al Maktoum International Airport (DWC), situated 23 miles southwest of the city, predominantly catering to freight planes. Currently, a few passenger airlines, predominantly of Russian origin, are utilizing the facility, and Aeroflot is...
Foreign Property News | Posted by Si Thu Aung
Zoe Saldaña was spotted taking advantage of the amenties in her new neighborhood of Montecito, California. The Avatar star, 45, and her family bought a $17.5 million mansion this fall in the city that is home to Meghan Markle and Prince Harry, Oprah Winfrey, and Ellen DeGeneres and Portia de Rossi. The mom of three and her husband Marco Perego, 44, walked hand in hand through the farmer's market. The Guardians of the Galaxy actress – who snapped a topless mirror selfie showing off her tattoo of her husband's face – wore skinny jeans tucked into brown boots with a bright blue button-down shirt with white stripes, a cropped white vest and a light blue pashmina. Marco...
Foreign Property News | Posted by Zarni Kyaw
If you’ve always dreamed of living in a grotto or bringing the feeling of the outdoors inside, a “cave home” in the SoCal city of Indio is on the market for $599,000. With artificial rock formations adorning the entryway, living room and kitchen, including nooks with leafy-green plants, the property at 79153 Starlight Lane is an unusual oasis. Eagle paintings soar across several walls and there’s a cave-like wet bar. “It’s totally quirky,” said seller agent Brendhan Springe of Sotheby’s International Realty. (Nature paintings appear on several walls in the “cave home.” -Sotheby's International Realty) The seller has a...